Chardan NexTech Stock Forecast - Daily Balance Of Power

DFLI Stock  USD 3.46  0.04  1.14%   
Chardan Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Chardan NexTech's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Chardan NexTech's Asset Turnover is decreasing as compared to previous years. . The Chardan NexTech's current Net Income Applicable To Common Shares is estimated to increase to about 3 M, while Common Stock Shares Outstanding is projected to decrease to under 48.2 M.
Chardan NexTech Acquisition has current Daily Balance Of Power of (0.12). Balance of Power indicator (or BOP) measures the strength of Chardan NexTech Acquisition market sensitivity to bulls and bears. It estimates the ability of Chardan NexTech buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Chardan NexTech Balance of Power indicator one can determine a trend of the price direction.
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Chardan NexTech Trading Date Momentum

On November 27 2024 Chardan NexTech Acquisition was traded for  3.46  at the closing time. The top price for the day was 3.54  and the lowest listed price was  3.20 . The trading volume for the day was 50.3 K. The trading history from November 27, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.45% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Chardan NexTech

For every potential investor in Chardan, whether a beginner or expert, Chardan NexTech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chardan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chardan. Basic forecasting techniques help filter out the noise by identifying Chardan NexTech's price trends.

Chardan NexTech Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Chardan NexTech stock to make a market-neutral strategy. Peer analysis of Chardan NexTech could also be used in its relative valuation, which is a method of valuing Chardan NexTech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Chardan NexTech Acqu Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Chardan NexTech's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Chardan NexTech's current price.

Chardan NexTech Market Strength Events

Market strength indicators help investors to evaluate how Chardan NexTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chardan NexTech shares will generate the highest return on investment. By undertsting and applying Chardan NexTech stock market strength indicators, traders can identify Chardan NexTech Acquisition entry and exit signals to maximize returns.

Chardan NexTech Risk Indicators

The analysis of Chardan NexTech's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Chardan NexTech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chardan stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Chardan NexTech Acqu is a strong investment it is important to analyze Chardan NexTech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chardan NexTech's future performance. For an informed investment choice regarding Chardan Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Chardan NexTech to cross-verify your projections.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chardan NexTech. If investors know Chardan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chardan NexTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.78)
Revenue Per Share
0.869
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.14)
Return On Equity
(1.64)
The market value of Chardan NexTech Acqu is measured differently than its book value, which is the value of Chardan that is recorded on the company's balance sheet. Investors also form their own opinion of Chardan NexTech's value that differs from its market value or its book value, called intrinsic value, which is Chardan NexTech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chardan NexTech's market value can be influenced by many factors that don't directly affect Chardan NexTech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chardan NexTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chardan NexTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chardan NexTech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.